Manage episode 244430166 series 1856311
My dad is somewhat of a legend in the financial services world. He's been helping people for well over 40 years now and is beloved for his personality and intent on always putting the client's needs before his. I know him as Dad and the person who taught me almost everything I know about personal finance.
My Dad, Stan, is joining us for a lively discussion about the advice he has about how to be smart with your money in your twenties and thirties. We'll also talk about the difference between perceptions of money when he was in his twenties versus now - which is always a fun topic for me.
Dad's top advice:
- Save for emergencies (and save more than you think)
- Invest in your 401(k) and don't touch the money
- Cover your risks, but only if you have a strong ER fund
- Don't be afraid to try and learn when it comes to smart money moves
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